Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Hu, Jin-Li | en_US |
dc.contributor.author | Lin, Cheng-Hsun | en_US |
dc.date.accessioned | 2014-12-08T15:20:03Z | - |
dc.date.available | 2014-12-08T15:20:03Z | - |
dc.date.issued | 2008-09-01 | en_US |
dc.identifier.issn | 0140-9883 | en_US |
dc.identifier.uri | http://dx.doi.org/10.1016/j.eneco.2007.11.007 | en_US |
dc.identifier.uri | http://hdl.handle.net/11536/14218 | - |
dc.description.abstract | Energy consumption growth is much higher than economic growth for Taiwan in recent years, worsening its energy efficiency. This paper provides a solid explanation by examining the equilibrium relationship between GDP and disaggregated energy consumption under a non-linear framework. The threshold co-integration test developed with asymmetric dynamic adjusting processes proposed by Hansen and Seo [Hansen, B.E., See, B., 2002. Testing for two-regime threshold cointegration in vector error-correction models. Journal of Econometrics 110, 293-318.] is applied. Non-linear co-integrations between GDP and disaggregated energy consumptions are confirmed except for oil consumption. The two-regime vector error-correction models (VECM) show that the adjustment process of energy consumption toward equilibrium is highly persistent when an appropriately threshold is reached. There is mean-reverting behavior when the threshold is reached, making aggregate and disaggregated energy Consumptions grow faster than GDP it) Taiwan. (C) 2007 Elsevier B.V. All rights reserved. | en_US |
dc.language.iso | en_US | en_US |
dc.subject | disaggregated energy consumption | en_US |
dc.subject | GDP | en_US |
dc.subject | threshold co-integration | en_US |
dc.subject | asymmetric adjustment | en_US |
dc.title | Disaggregated energy consumption and GDP in Taiwan: A threshold co-integration analysis | en_US |
dc.type | Article | en_US |
dc.identifier.doi | 10.1016/j.eneco.2007.11.007 | en_US |
dc.identifier.journal | ENERGY ECONOMICS | en_US |
dc.citation.volume | 30 | en_US |
dc.citation.issue | 5 | en_US |
dc.citation.spage | 2342 | en_US |
dc.citation.epage | 2358 | en_US |
dc.contributor.department | 經營管理研究所 | zh_TW |
dc.contributor.department | Institute of Business and Management | en_US |
dc.identifier.wosnumber | WOS:000258805100016 | - |
dc.citation.woscount | 40 | - |
Appears in Collections: | Articles |
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